Is Equinox Gold Corp (AMEX: EQX) Still A Buy After A -11.83% Weekly Drop?

During the recent session, Equinox Gold Corp (AMEX:EQX)’s traded shares were 2.35 million, with the beta value of the company hitting 1.22. At the last check today, the stock’s price was $5.29, reflecting an intraday gain of 0.76% or $0.04. The 52-week high for the EQX share is $6.50, that puts it down -22.87 from that peak though still a striking 25.33% gain since the share price plummeted to a 52-week low of $3.95. The company’s market capitalization is $1.71B, and the average trade volume was 2.97 million shares over the past three months.

Equinox Gold Corp (AMEX:EQX) trade information

Equinox Gold Corp (EQX) registered a 0.76% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.76% in intraday trading to $5.29, hitting a weekly high. The stock’s 5-day price performance is -11.83%, and it has moved by -6.04% in 30 days. Based on these gigs, the overall price performance for the year is 7.09%.

Equinox Gold Corp (EQX) estimates and forecasts

Statistics show that Equinox Gold Corp has outperformed its competitors in share price, compared to the industry in which it operates. Equinox Gold Corp (EQX) shares have gone up 17.29% during the last six months, with a year-to-date growth rate more than the industry average at 71.43% against 12.60. In the rating firms’ projections, revenue will increase 31.00% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 284M as predicted by 2 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 301M by the end of current fiscal year. While earnings are projected to return 161.07% in 2024.

EQX Dividends

Equinox Gold Corp is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.